Shell will pause investment in Kazakhstan as it navigates legal claims from the OPEC+ nation against oil majors that could stretch into the billions of dollars, Chief Executive Officer Wael Sawan said ...
British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an exploration breakthrough or a big merger after its oil reserves fell to the lowest levels since 2013, exposing the company to a production ...
British oil giant Shell posted adjusted earnings of $3.26 billion for the fourth quarter, missing analyst expectations. The London-headquartered firm maintained its quarterly share buyback of $3.5 ...
Inside Climate News reports that an oil rig fell over in the Alaskan Arctic and burned. This will raise the pitch of the debate over whether oil companies should be allowed to operate in that area at ...
Shell is advancing its Dragon offshore gas project in Venezuela after new U.S. licenses permitted limited energy development under sanctions.
North America added three rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on January 30. The total U.S. rig count rose by two week on week and ...
Monday - Friday, 08:00 - 11:00 CET | 14:00 - 17:00 HK/SG Shell CEO Wael Sawan says tax adjustments and weakness in its chemicals business hurt the oil major in the fourth quarter but that 2025 was a ...
LONDON, Feb 10 (Reuters) - Shell (SHEL.L), opens new tab CEO Wael Sawan said on Tuesday the oil major does not have to buy additional assets anytime soon to deliver on its 2030 targets. In March, ...
Discover the remarkable story of the Petronius oil rig, an engineering marvel situated in the Gulf of Mexico. This video explores the technological innovations and challenges faced during deep-sea oil ...
A thick shell "implies a longer route that oxygen and nutrients would have to travel to connect Europa’s surface with its subsurface ocean." When you purchase through links on our site, we may earn an ...
LONDON, Feb 9 (Reuters) - Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil equivalent per day by 2035 due to ...
British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower costs helped to offset falling oil and gas prices. Profit after tax climbed to $17.84 ...